Franchising is a term that defines the business relationship between two organizations where a franchisor, who is the owner of a brand name, product, or system of a business, permits a franchisee to use its brand, product, or business process for a fee. At a conceptual level franchising is a method of marketing and distribution, and organizations use franchising as a method of growth and development. India is figured as one of the world’s biggest commercial destinations.
The franchising industry in India has witnessed progression with an acceptable approach for business growth with all the major global companies emerging to grow by the route of franchising. Consequently, some of the major industries credit successful franchising for their rapid progress in India. As a business model, franchising is becoming especially widespread in Indian city gaining a firm foothold.
Out of numerous franchise options real estate franchise industry is the most flourishing and revenue generating industry in India. The real estate franchise industry is a wide business, generating billions of dollars in revenue annually which provides great opportunities for entrepreneurs to earn a profit.
The year 2016 saw the biggest changes in decades especially on the policy front for the real estate industry. GST and RERA being some of the game changing policies, cleared hurdles and are on their way to implementation. These acts also promises to open up the real estate market to smaller investors in this year along with keeping a sharper focus on affordable housing. India’s real estate markets are definitely positioned for growth in the medium-to-long term on the back of higher accuracy and further solidification. The country is ready to become a modern economy, thanks to a proactive government eager on developing India’s ranking on various indices and strengthening public institutions.
Real estate is a like clockwork industry, reacting to macroeconomic trends such as interest rates, population growth, and economic strength. Less interest rate during the mid-2000s allowed residential real estate to boom even when the economy was slow until the mortgage crisis hit, and prices drop. However, despite what is going on with the greater economy and real estate prices in general, the real estate franchise industry offers diverse opportunities for the entrepreneurs. Real estate franchise offers an established business model with name recognition. A benefit of purchasing a real estate franchise is that you get a determined strategy and business plan. Everything is profiled for you step by step.
Through a diversified team of highly competent and knowledgeable professionals, Regrob provides you all these benefits with its already established name in the real estate market for owning franchisees in your choice of areas, cities and states. If you’re one of those who want a new challenge all of the time and who likes things to move fast, then maybe a fast-growing franchise is for you.
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